Dedicated to Deposits: Deals, Data, and Discussion

6.00% 12-Month / 5.85% 6-Month CD at a California/Nevada CU (1st United Services)


1st United Services has several certificate specials. The first is a 6.00% APY 12-month jumbo share certificate with a minimum deposit of $100K. It has an add-on feature which allows you to add funds at any time during the term. It also has a bump feature and a one-time penalty-free withdrawal feature. However, the penalty-free withdrawal is only on the interest.

The second one is a grand opening special with a 5.85% APY 6-month share certificate. It has a $2K minimum and a $10K maximum. A special rate HELOC is also being offered. These offers end October 28, 2006.

New members who open this CD or HELOC and a 1st Interest Checking account can also get a $50 gas card. The checking account requires a $1K balance to avoid a $10/month fee.

And finally a third special is another "Add On" certificate with an APY of 5.50% and a term from 12 to 24 months. The minimum is $1K. Like the jumbo, you can add funds at any time. This add-on feature could come in handy to hedge against falling rates. Fund this with the minimum for 24 months. If rates fall, you can always add more into this.

The field of membership includes anyone who lives, regularly works, attends school, or worships in the California counties of Alameda, Contra Costa or Kings. There also many employers in their select employers group including the US Armed Forces in Nevada. See site for details.

Branches are lcoated in the California cities of Haywood, Fremont, Berkeley, Oakland, Pleasanton, San Leandro, Rodeo, Alameda, Pittsburg, Lemoore and Union City and in the Nevada city of Fallon.

The credit union is NCUA insured. It has $677 million in assets and 57,367 members.